Texas HB5156 amends the Teacher Retirement System of Texas to provide a one-time cost-of-living adjustment for certain benefits starting January 2026.

HB5156 amends the Teacher Retirement System of Texas to provide a one-time cost-of-living adjustment for certain benefits starting January 2026. The adjustment applies to annuitants receiving a monthly death or retirement benefit annuity, excluding those receiving a standard service retirement annuity, disability retirees with less than 10 years of service credit, and others. The adjustment is calculated by multiplying the monthly benefit by six percent. The board of trustees may not pay the adjustment if it would increase unfunded actuarial liabilities.

Texas HB5156 amends the Teacher Retirement System of Texas to provide a one-time cost-of-living adjustment for certain benefits starting January 2026.

HB5156 amends the Teacher Retirement System of Texas to provide a one-time cost-of-living adjustment for certain benefits starting January 2026. The adjustment applies to annuitants receiving a monthly death or retirement benefit annuity, excluding those receiving a standard service retirement annuity, disability retirees with less than 10 years of service credit, and others. The adjustment is calculated by multiplying the monthly benefit by six percent. The board of trustees may not pay the adjustment if it would increase unfunded actuarial liabilities.